π Paradisers, #FIL has recently displayed notable market dynamics, particularly as it approaches the resistance trendline of the bullish pennant pattern.
π If FIL successfully breaks out of this pattern, it could signal a continuation of the downward movement, possibly testing the bearish OB and supply area.
π However, there's also the possibility of FIL retracing back to the support area for another bounce and potential upward movement.
π On the other hand, if FIL breaks below the support, it could confirm a bearish momentum, leading to further downward movement.
MyCryptoParadise
iFeel the successπ΄
π If FIL successfully breaks out of this pattern, it could signal a continuation of the downward movement, possibly testing the bearish OB and supply area.
π However, there's also the possibility of FIL retracing back to the support area for another bounce and potential upward movement.
π On the other hand, if FIL breaks below the support, it could confirm a bearish momentum, leading to further downward movement.
MyCryptoParadise
iFeel the successπ΄
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Follow a team of traders with 10+ years of experience?
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